Slam Change In Cash vs Capital Expenditures Analysis

SXL Stock

CAD 0.03 0.01 16.67%

Slam Exploration financial indicator trend analysis is much more than just breaking down Slam Exploration prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Slam Exploration is a good investment. Please check the relationship between Slam Exploration Change In Cash and its Capital Expenditures accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Slam Exploration. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.

Change In Cash vs Capital Expenditures

Change In Cash vs Capital Expenditures Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Slam Exploration Change In Cash account and Capital Expenditures. At this time, the significance of the direction appears to have very strong relationship.

The correlation between Slam Exploration's Change In Cash and Capital Expenditures is 0.85. Overlapping area represents the amount of variation of Change In Cash that can explain the historical movement of Capital Expenditures in the same time period over historical financial statements of Slam Exploration, assuming nothing else is changed. The correlation between historical values of Slam Exploration's Change In Cash and Capital Expenditures is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Change In Cash of Slam Exploration are associated (or correlated) with its Capital Expenditures. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Expenditures has no effect on the direction of Change In Cash i.e., Slam Exploration's Change In Cash and Capital Expenditures go up and down completely randomly.

Correlation Coefficient

0.85

Relationship Direction	Positive
Relationship Strength	Strong

View All Relationships

Change In Cash

Capital Expenditures

Capital Expenditures are funds used by Slam Exploration to acquire physical assets such as property, industrial buildings or equipment. This type of outlay is used by management to increase the scope of Slam Exploration operations. These expenditures can include everything from repairing an office equipment, building a brand new facility, or writing new software.

Most indicators from Slam Exploration's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Slam Exploration current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Slam Exploration. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.

Selling General Administrative is likely to climb to about 212.5 K in 2024, whereas Issuance Of Capital Stock is likely to drop slightly above 83.6 K in 2024.

Slam Exploration fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Net Tangible Assets	Retained Earnings	Accounts Payable	Cash	Net Receivables	Short Term Investments	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Intangible Assets	Common Stock	Property Plant Equipment	Short Long Term Debt	Short Term Debt	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Common Stock Shares Outstanding	Net Invested Capital	Net Working Capital	Capital Stock
Total Assets		0.6	0.79	0.91	0.9	-0.05	-0.55	0.74	0.25	0.74	-0.58	0.74	0.8	0.91	-0.67	0.77	0.87	0.78	-0.29	0.45	0.65	-0.63	0.87	0.71	-0.25	0.65
Other Current Liab	0.6		0.71	0.47	0.46	-0.27	-0.4	0.38	0.24	0.51	-0.99	0.16	0.7	0.54	-0.91	0.53	0.5	0.74	-0.17	-0.15	0.64	-0.64	0.42	0.06	-0.46	0.33
Total Current Liabilities	0.79	0.71		0.6	0.63	-0.24	-0.57	0.57	-0.16	0.84	-0.68	0.52	1.0	0.69	-0.83	0.81	0.76	0.81	-0.32	0.13	0.84	-0.83	0.85	0.33	-0.68	0.67
Total Stockholder Equity	0.91	0.47	0.6		0.99	0.09	-0.49	0.67	0.3	0.75	-0.49	0.67	0.61	0.84	-0.56	0.74	0.93	0.65	-0.55	0.46	0.5	-0.5	0.78	0.71	-0.14	0.69
Net Tangible Assets	0.9	0.46	0.63	0.99		0.12	-0.5	0.63	0.22	0.8	-0.48	0.68	0.64	0.81	-0.57	0.79	0.95	0.65	-0.62	0.47	0.51	-0.52	0.82	0.7	-0.21	0.75
Retained Earnings	-0.05	-0.27	-0.24	0.09	0.12		0.33	-0.32	0.02	-0.09	0.32	0.03	-0.25	-0.22	0.39	0.26	0.08	-0.33	-0.42	0.53	-0.45	0.48	0.06	0.31	0.32	0.46
Accounts Payable	-0.55	-0.4	-0.57	-0.49	-0.5	0.33		-0.43	-0.14	-0.64	0.4	-0.57	-0.57	-0.65	0.57	-0.55	-0.44	-0.83	0.25	0.24	-0.8	0.81	-0.5	0.02	0.69	-0.39
Cash	0.74	0.38	0.57	0.67	0.63	-0.32	-0.43		0.06	0.53	-0.38	0.6	0.59	0.9	-0.47	0.49	0.61	0.51	-0.13	0.23	0.62	-0.62	0.68	0.61	-0.04	0.39
Net Receivables	0.25	0.24	-0.16	0.3	0.22	0.02	-0.14	0.06		-0.25	-0.23	0.16	-0.16	0.27	-0.13	-0.12	0.0	0.3	0.2	-0.07	-0.07	0.09	-0.21	0.04	0.33	-0.22
Short Term Investments	0.74	0.51	0.84	0.75	0.8	-0.09	-0.64	0.53	-0.25		-0.53	0.53	0.84	0.67	-0.72	0.88	0.88	0.73	-0.68	0.16	0.77	-0.79	0.86	0.37	-0.67	0.81
Other Current Assets	-0.58	-0.99	-0.68	-0.49	-0.48	0.32	0.4	-0.38	-0.23	-0.53		-0.11	-0.68	-0.54	0.93	-0.51	-0.53	-0.73	0.23	0.19	-0.64	0.64	-0.4	-0.03	0.47	-0.31
Other Stockholder Equity	0.74	0.16	0.52	0.67	0.68	0.03	-0.57	0.6	0.16	0.53	-0.11		0.52	0.76	-0.28	0.6	0.58	0.55	-0.22	0.39	0.58	-0.55	0.69	0.64	-0.15	0.54
Total Liab	0.8	0.7	1.0	0.61	0.64	-0.25	-0.57	0.59	-0.16	0.84	-0.68	0.52		0.71	-0.83	0.81	0.76	0.81	-0.32	0.14	0.84	-0.83	0.86	0.34	-0.67	0.67
Total Current Assets	0.91	0.54	0.69	0.84	0.81	-0.22	-0.65	0.9	0.27	0.67	-0.54	0.76	0.71		-0.63	0.67	0.73	0.77	-0.23	0.23	0.75	-0.74	0.77	0.6	-0.21	0.53
Intangible Assets	-0.67	-0.91	-0.83	-0.56	-0.57	0.39	0.57	-0.47	-0.13	-0.72	0.93	-0.28	-0.83	-0.63		-0.63	-0.64	-0.87	0.31	0.23	-0.82	0.83	-0.54	-0.04	0.63	-0.43
Common Stock	0.77	0.53	0.81	0.74	0.79	0.26	-0.55	0.49	-0.12	0.88	-0.51	0.6	0.81	0.67	-0.63		0.85	0.69	-0.7	0.31	0.68	-0.67	0.89	0.46	-0.54	0.96
Property Plant Equipment	0.87	0.5	0.76	0.93	0.95	0.08	-0.44	0.61	0.0	0.88	-0.53	0.58	0.76	0.73	-0.64	0.85		0.63	-0.67	0.47	0.55	-0.56	0.89	0.65	-0.35	0.81
Short Long Term Debt	0.78	0.74	0.81	0.65	0.65	-0.33	-0.83	0.51	0.3	0.73	-0.73	0.55	0.81	0.77	-0.87	0.69	0.63		-0.25	-0.16	0.88	-0.87	0.61	0.12	-0.64	0.48
Short Term Debt	-0.29	-0.17	-0.32	-0.55	-0.62	-0.42	0.25	-0.13	0.2	-0.68	0.23	-0.22	-0.32	-0.23	0.31	-0.7	-0.67	-0.25		-0.15	-0.26	0.3	-0.48	-0.2	0.37	-0.8
Non Current Assets Total	0.45	-0.15	0.13	0.46	0.47	0.53	0.24	0.23	-0.07	0.16	0.19	0.39	0.14	0.23	0.23	0.31	0.47	-0.16	-0.15		-0.26	0.28	0.53	0.89	0.38	0.44
Non Currrent Assets Other	0.65	0.64	0.84	0.5	0.51	-0.45	-0.8	0.62	-0.07	0.77	-0.64	0.58	0.84	0.75	-0.82	0.68	0.55	0.88	-0.26	-0.26		-1.0	0.64	0.08	-0.72	0.49
Other Assets	-0.63	-0.64	-0.83	-0.5	-0.52	0.48	0.81	-0.62	0.09	-0.79	0.64	-0.55	-0.83	-0.74	0.83	-0.67	-0.56	-0.87	0.3	0.28	-1.0		-0.64	-0.06	0.74	-0.48
Common Stock Shares Outstanding	0.87	0.42	0.85	0.78	0.82	0.06	-0.5	0.68	-0.21	0.86	-0.4	0.69	0.86	0.77	-0.54	0.89	0.89	0.61	-0.48	0.53	0.64	-0.64		0.69	-0.42	0.85
Net Invested Capital	0.71	0.06	0.33	0.71	0.7	0.31	0.02	0.61	0.04	0.37	-0.03	0.64	0.34	0.6	-0.04	0.46	0.65	0.12	-0.2	0.89	0.08	-0.06	0.69		0.34	0.51
Net Working Capital	-0.25	-0.46	-0.68	-0.14	-0.21	0.32	0.69	-0.04	0.33	-0.67	0.47	-0.15	-0.67	-0.21	0.63	-0.54	-0.35	-0.64	0.37	0.38	-0.72	0.74	-0.42	0.34		-0.43
Capital Stock	0.65	0.33	0.67	0.69	0.75	0.46	-0.39	0.39	-0.22	0.81	-0.31	0.54	0.67	0.53	-0.43	0.96	0.81	0.48	-0.8	0.44	0.49	-0.48	0.85	0.51	-0.43

Click cells to compare fundamentals

Slam Exploration Account Relationship Matchups

Slam Exploration fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	308.4K	1.0M	1.8M	1.7M	1.9M	993.7K
Total Current Liabilities	429.7K	421.4K	490.8K	570.3K	655.9K	364.2K
Total Stockholder Equity	(121.3K)	599.7K	1.3M	1.1M	1.3M	1.3M
Net Tangible Assets	376.2K	(121.4K)	599.7K	1.3M	1.5M	1.6M
Retained Earnings	(24.9M)	(24.8M)	(24.8M)	(25.0M)	(22.5M)	(23.7M)
Accounts Payable	38.7K	47.7K	64.5K	54.6K	49.1K	61.8K
Cash	12.3K	237.3K	444.7K	164.1K	188.7K	132.1K
Net Receivables	44.8K	22.7K	82.8K	29.5K	26.5K	25.2K
Short Term Investments	90K	194.2K	167.9K	259.7K	298.6K	313.6K
Other Stockholder Equity	391.6K	265.8K	246.0K	609.6K	701.1K	386.8K
Total Liab	429.7K	445.6K	511.9K	582.1K	669.4K	370.4K
Total Current Assets	147.1K	467.4K	710.6K	497.7K	572.3K	354.9K
Property Plant Equipment	357.0K	161.3K	578.0K	1.1M	1.3M	1.3M
Non Current Assets Total	161.3K	578.0K	1.1M	1.2M	1.4M	773.3K
Net Invested Capital	(121.3K)	624.0K	1.4M	1.2M	1.3M	757.8K
Net Working Capital	(282.6K)	46.0K	219.8K	(72.7K)	(65.4K)	(62.1K)

Pair Trading with Slam Exploration

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Slam Exploration position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Slam Exploration will appreciate offsetting losses from the drop in the long position's value.

The ability to find closely correlated positions to Slam Exploration could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Slam Exploration when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Slam Exploration - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Slam Exploration to buy it.

The correlation of Slam Exploration is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Slam Exploration moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Slam Exploration moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Slam Exploration can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Slam Exploration. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.

You can also try the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.

Complementary Tools for Slam Stock analysis

When running Slam Exploration's price analysis, check to measure Slam Exploration's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Slam Exploration is operating at the current time. Most of Slam Exploration's value examination focuses on studying past and present price action to predict the probability of Slam Exploration's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Slam Exploration's price. Additionally, you may evaluate how the addition of Slam Exploration to your portfolios can decrease your overall portfolio volatility.

	Portfolio Suggestion Get suggestions outside of your existing asset allocation including your own model portfolios
	Headlines Timeline Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity
	Correlation Analysis Reduce portfolio risk simply by holding instruments which are not perfectly correlated
	Sectors List of equity sectors categorizing publicly traded companies based on their primary business activities
	Performance Analysis Check effects of mean-variance optimization against your current asset allocation
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	Volatility Analysis Get historical volatility and risk analysis based on latest market data
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	Money Managers Screen money managers from public funds and ETFs managed around the world

Please note, there is a significant difference between Slam Exploration's value and its price as these two are different measures arrived at by different means. Investors typically determine if Slam Exploration is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Slam Exploration's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

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Slam Change In Cash vs Capital Expenditures Analysis

Change In Cash vs Capital Expenditures

Change In Cash vs Capital Expenditures Correlation Analysis

Correlation Coefficient

Change In Cash

Capital Expenditures

Slam Exploration fundamental ratios Correlations

Slam Exploration Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Slam Exploration fundamental ratios Accounts

Pair Trading with Slam Exploration

Complementary Tools for Slam Stock analysis

COMMON DESTINATIONS

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COMPANY

Total Liab	+ 1.0	Total Current Liabilities
Net Tangible Assets	+ 0.99	Total Stockholder Equity
Capital Stock	+ 0.96	Common Stock
Property Plant Equipment	+ 0.95	Net Tangible Assets
Property Plant Equipment	+ 0.93	Total Stockholder Equity
Intangible Assets	+ 0.93	Other Current Assets

Other Assets	- 1.0	Non Currrent Assets Other
Other Current Assets	- 0.99	Other Current Liab
Intangible Assets	- 0.91	Other Current Liab
Other Assets	- 0.87	Short Long Term Debt
Short Long Term Debt	- 0.87	Intangible Assets
Other Assets	- 0.83	Total Liab